1.3L

Unfortunately, a significant percentage of the population do not understand the consequences of their choices in life.

1.3L

BunnyGirl

It's like those commercials where you see this guy with either some sort of sick grin when they are talking about his car, his fancy house, et cetera. The commentator says "How does he do it?" The guy smiles and says "I'm in dept up to my eyeballs. Somebody help me!" All the while he still has that strange grin on his face. It's so true these days!

I'm a little shocked that family could get a loan if they had two bankruptcies, had to use four crapped up vehicles as a trade, et cetera. Probably the worst part is that it won't actually hold their family!!! What a bunch of morons!!! Maybe the extra person is supposed to ride in the trunk. Let's hope it didn't come with the spare tire!

I think it is crazy that everyone takes on so much credit card debt in this country and then just files on it like it's no big deal. That's crazy!! I have a lot of debt but it is medical debt (which couldn't be helped) and now my car. Basically, the only thing else I owe is $1100 for a recent purchase (within the last month) of books for work, which will be paid off within two payments.

Former neighbros of mine managed to gamble and drug away all their money and into bankruptcy on literally everything they owned including their home and vehicles and lost everything. (After the bank repo'ed the house they broke in and stripped out everything they could, including what was required to be left in the house, to sell including all the faucets). They then somehow managed to buy a brand new, just built $200,000 home! It's highly sickening. Other people can work really hard, pay all their bills, and not come out ahead enough to be able to do something like, especially if they have an unexpected life event to cause a significant chunk of debt, and they were being really responsible with their money. Then you get these people who are highly irresponsible, **** it all away with nothing to show for it, leave everyone else holding the bag for their choices, and then go out and buy something nice and expensive without having to pay for they screwed up on!!!

I think they should just take all these people out somewhere and shoot them and leave them there.

Senna

Our society doesn't tolerate NOT having what we want very well!!

DrDiaboloco

One thing to think about as pertains to the gap coverage is that you only need to keep it for the length of time that the insurance payout on the car is less than the amount remaining on your loan. If you're not totally, ridiculously upside-down on your loan, your gap coverage through your insurance company should only be needed for a couple of years... And at $5/mo for 24-30mos, that's only $150 or so. Well worth it, IMHO.

saturn

Some might say that purchasing a brand new RX-8 when you have lots of medical debt is pretty stupid too.

We all know that this country is full of people who aren't very smart financially, but this idea that all people that aren't doing so well are idiots or lazy is the stupidest most ignorant thing I've ever heard. I'm not saying you're saying this exactly, but it just bothers me when people are quicker to judge than to help.

It's so acceptable to go around criticizing people based on their economic class because it's seen as something that's avoidable. There are so many more factors than physical handicaps that can create major hurdles in a person's development and success.

Ugh, I better stop here. People need to have bigger hearts than mouths.

BunnyGirl

I agree that sometimes it's unavoidable where they fall in their social class but if everything played out as described with this family, they are morons. So is the other family I know. The fact that they thought they were so "clever" by accomplishing this proves that they are just ******** looking to screw people. They were talking about going to file bankruptcy and then went out and bought a bunch of expensive clothes and various other items, stating that it's not like they would have to pay for them anyway!

I can see an argument about my medical debt and buying a new car. I am able to make my payments and I work a full-time job and a part-time job to make sure that I can plus have some extra left over to put aside. I would love to not work the part-time job but I calculate that it will be about a year before I am comfortable enough with my income from one job with enough on the side that I won't have to.

It doesn't sound like these people were doing well, suffered a catastrophic expense of some sort that crushed them and then they couldn't afford what they had. It just plain sounds like they could never afford what they had to begin with and then bought something else even more beyond their means and completely impractical for their life situation (i.e. 5 people in a 4-seat car).

I'm not complaining about the people who are working hard, don't make a whole lot, and are doing the best they can with their means trying to cover all their necessities in life. Those people deserve some help and empathy. I don't feel any for the deliberately stupid and irresponsible, which it certainly sounds like these people fit into that category.

I don't think any of us are criticizing their "economic class" (at least I am not) but rather their actions.

Razz1

You actually belive what a dealer tells you? That's hilarious

Stavesacre21

yup...that's pretty much what the REST of that quoted post referred to. Its of no use after you pass the point of gaining equity.


and that's the part that totally SLAYS me about the situation...there isn't enough enough seats for their own family. What if they planned on going anywhere of distance? Or how about getting pulled over...thats an instant ticket. Not to even mention the obvious issue with getting in an accident.

I think that the blend of financial insolence with a hint of plain idiocracy is what makes this instance such a joke. I just didn't think people really could be so blind to the reality of their lives.

saturn

I think everyone realizes how bad an idea it is to get an 8 when you need 5 seats. These people are just not very bright. I take no real issue with that and would be surprised if the story were even true.

But it's very easy to look in on another's situation and say "they're not trying hard enough and that's why they're in such a crappy situation." Everyone makes stupid mistakes, but some are just able to absorb any consequences because of simply being lucky enough to be born into a good situation. Some people make stupid decisions because they don't know any better and need a helping hand despite their stupidity. I sure as hell know I've done some asinine things in my life and had the good fortune to not have it affect my life in a dramatic way the way it could have under different circumstances.

Ike

Some might also say that it's stupid to purchase a brand new RX-8 when you live in a trailer with your mother and psychotic stepfather, have to work two jobs, and don't have a parking space.

jeffe19007

I am surprised that they wanted an 8 without a constant barrage on commercials aimed at them!

I mean anyone can tell from the TV that you need to buy a Ford truck!

And Ike we know that if you own a Mitsu that your family mental health could not have been the best. How else to explain that action?

But then even I have, through an unfortunate chain of events, owned Chysler products.

toxin440

I would like to comment on your remark of criticizing people based on their economic class. While I can see that easily happening I personally don't see myself as such to bitch at someone just because they are poor or something.

My trigger is just "stupidity". Perfect example is one of the "bosses" I have is a rather large man with a hot trophy wife and from what i learned yesterday, now has 5 expensive cars. Two Mercedes Benz's, 1 Chevy Colorado, 1 pimped out Tahoe, and as of yesterday some brand new top of the line loaded and pimped truck. Granted this guy makes loads of money but 5 expensive cars between two people?

I personally don't care if the person is rich/poor, white/black, ugly/sexy, WHATEVER. Common sense isnt common, and if you are someone who can't make logical decisions based on common sense, and just be generally reasonable, I reserve the right to make fun of/bitch/talk **** all I want about said people


Your argument on people being quicker to judge then to help... hmmm we are constantly judging everything against our own ideas and beliefs there isnt really any way around that. My argument for that is that some people don't deserve help. If he/she has a track record of making fucked up decisions, yet someone is always there to bail them out or help, they will never learn.

I'm a firm believer that most people never REALLY learn a lesson in life unless they fall on their *** a few times and pick themselves back up. If those people were bankrupt twice yet can still get sweet cars and stuff, what incentive do they have to change their F'd up habits? none. Thats why the "system" as we know it flawed.

Stavesacre21

yes my son, some of us just don't realize the consequences of our actions.

otherside

I can appreciate the fact that these people may not have made the best choice with thier vehicle purchase, but maybe this was thier dream car. They sat around the kitchen table and discussed the possible shortcomings and impracticalities of owning a sports car with a family of five. "Its ok honey, the car techically seats four and junior can sit on sis' lap". "For long trips, we can just rent a van from Enterprise". "Ok dear, if you really think so..." You'll see honey, besides you only live once. may as well enjoy"

The scene painted for you is fictional, yet we see the same thing everyday in "The Dumbass Zone"....

valpac

iTrader: (2)

Another unbelievable story from a dealer? Never heard of such a thing. It's gotta be crap.

Stavesacre21

I still can't condone that, strictly because of the fact that he's got a family to care for now.

If he were alone with no kids, then attempting to put everything in his life on the line for a car would only affect him if he fails.

However, this blow could be stunning for the family/kids. If they find out down the line that it doesn't work out, they likely won't even have equity on the car yet, and they'll be totally screwed. And so this is where the downward spiral continues into looking for a financial savior, of couse calling on credit cards. And we all know where it goes from there...

I saw the cars...and he even showed me the contract. All the other dealers even gathered around and spoke their thoughts about seeing it. Either it was an intensely elaborate story peiced together by the whole dealership, or it had to be true.

otherside

I would not get so wrapped up in someone elses choices they make. What they did will not alter my life, so who cares.

Low Fly'n 8

I feel sorry for the RX-8, seriously. Can you imagine what that car will be like in a year if they manage to keep it that long? Picture that in your mind. It ain't pretty. Oh the pain.

Stavesacre21

I was wondering how long it would take the sympathy to start flowing for the car...lol.

I was picturing the same thing when i first heard the story. By 5 years old, it will probably be scratched, rusted and starting to oxidize the paint.

That poor car.

WinningBlueAlwaysWins

Exactly! It's not like he was going to say "No, I'm sorry, I can't sell you this car that makes me a living."